country's snap election. he said his imminent task would be to "deal firmly" with north korea, which would require "strong diplomacy". the us secretary of state rex tillerson has told iranian backed militias in iraq to ‘go home‘ now that the fight against the islamic state group is winding down. and this video has been trending. divers have been leaping before before a stunning waterfall. competitors have been performing acrobatics from heights of up to 27 metres in chile. more on that story at bbc.com. and the top story here in the uk. the owners of the most polluting cars will have to pay an extra ten pounds to drive in central london from today. the new t—charge is aimed at reducing the levels of toxic

gasses and particles in the air. now on bbc news all the latest business news live from singapore. the japanese prime minister shinzo abe wins a landslide election victory giving him a historic third term in office. and would you eat fruit that is being produced in a lab, find out why some scientists are going bananas in australia. the votes have been cast and the results are in, the japanese prime minister has been handed a fresh mandate to continue with his programme of economic stimulus. his ruling coalition secured a two thirds parliamentary supermajority which will also give him the ability

to push for a revision ofjapan‘s post—war constitution. earlier we discussed the policy implications of this historic win. it no one seems more likely he will press ahead with the sales tax hike in 2019, he's made it clear in the run—up to the elections and that could deal quite a blow to the economy in 2019. you say that's a blow to the economy, but his attempt to stimulate the economy, his three arrows, fiscal spending, was policy and reform, has he succeeded in those? in fiscal policy he has mostly tightened fiscal policy he's had some success in reducing the budget deficit so that's been a headwind for the economy recovering. but monetary policy has indeed been very supportive, interest rates at record lows, firms are borrowing the most

since the early 90s. the one area where there has been not much success is structural reforms. that is what most people had hoped for but we have not really seen much on that front. let's take a look at how the markets are reacting to this win. the japanese yen already reacting somewhat against the dollar, weekend as much as 0.4%. now it looks like electric car maker tesla could be close to reaching a deal to set up a factory in china but there are some major hopes they will have to jump through before they can make it happen, for more on that story monica joins us live in the studio, grade a bigger move?m could be a real game changer. earlier this year of did say they we re earlier this year of did say they were in talks with the shanghai municipal government to build their own factory and now the wall street

journal is reporting today that this plan may actually go ahead and be put in place by the end of the year. this is uncharted territory for any foreign car—maker in china, the way the regulations stand at this point, they can really do this on their own, they had to set up a joint venture with the domestic auto maker to make cars on the mainland. what that means essentially is a company like tesla have to give half of their profits to this other company and potentially have to give intellectual property which is something tesla really wants to hold onto. there is also the issue of cost, buying a foreign car in china is massively expensive, there is a 2596 is massively expensive, there is a 25% tariff on imports. if you want to buy a tesla it's roughly 20% more in china than the us. china are trying to get more hybrid and green ca rs trying to get more hybrid and green cars on the road so they have free enterprise system, free trade zone

that tesla can build this back today. they will still had to pay the 25% tariff but the production costs will be cheaper. all right, hopefully people go and buy them then. now is the year—end holiday season inches closer many people are already booking flights and travel accommodation and its increasingly being done online. in fact asia's digital travel market is forecast to overta ke digital travel market is forecast to overtake north america as the world business this year. that trend benefiting companies such as edinburgh—based search websites guys ghana. we visited the headquarters and met with co—founder gareth williams. it started in 2001 with three friends sat down in a london pub and has since grown into one of the industry ‘s biggest players, i am joined by co—founder gareth williams and we have two magnets to pick your brains. you bought last

year from was $2 billion, pick your brains. you bought last yearfrom was $2 billion, how much has changed since then? in terms of what we do day—to—day not much. we still work on strategy but now we get the chance to learn from an incredible success in china and we are collaborating together on certain projects as well. so many players, how do you continue to stand out and attract customers? we have always focused on trust and providing the best content and the easiest functionality for travellers and as long as we focus on that i am convinced we will keep on growing. google's alphabet is pushing into the travel space which is making a lot of people worried, are you? now,

we can put the focus on online travel. are you going to start doing home listings? absolutely. we want to provide a marketplace which shows all the interesting and useful great value content related to travel. code is adhered to be the scottish unicorn? we can provide a hundred more times impact for travellers, we are at the start of something rather than having reached somewhere.“ you could head and other tip company which one would be? i think good reads, i love that website. thank you so much forjoining us. china

has lifted a ban on imports of mould ripened cheese the move follows meetings between the european commission and chinese food safety officials and eu china delegation said over the weekend trade would be allowed to resume immediately. joe marler imported more than $400 billion worth of cheese last year. continuing the theme it's a multi—billion dollar industry under threat from a disease slowly spreading around the world, banana producers here in asia and africa and australia have been hit by panama disease, a fungus which can live in soilfor decades. the panama disease, a fungus which can live in soil for decades. the first series by design we met a team of scientists in queensland two are on a quest to design a genetically modified banana. we brought the first infected farm

and we bought it for four we brought the first infected farm and we bought it forfour and a half million dollars, shut it down and it was a successful containment, we phoned the disease early. contain, contain, contained so we had time for new varieties to be developed. genes are taken from these well

ba na na pla nts genes are taken from these well banana plants and added into the everyday variety most of us are familiar with, the goal is to make them disease resistant. some fear consumers will be happy to eat gm here's a look to the rest of the week, we will of course be looking to this monday when the singapore prime minister will need donald trump at the white house and trade will be at the top of the agenda. and that's it for this edition. thank you for watching. the top stories this hour. the japanese prime ministers shinzo

abe declares victory in his country's snap election and pledges to reverse the pacifist constitution. rex tillerson says all foreign fighters battling islamic state in iraq should now leave the country. armed police have ended a four—hour siege at a bowling alley at nuneaton in warwickshire, where two hostages were being held by a gunman. the suspect has been arrested and two staff members rescued, uninjured. sophie long reports. panic, as parents desperately try to get their children to safety. she was very scared, because we have small kids so very scared! like the movies. lots of arms with shells with everything, with dogs, with everything. the park, home to play areas and restaurants, was packed with families. just after half past two a man entered the bowling alley with what eyewitnesses described as a shotgun. he ran up to the door with a gun in his hand and opened

the door and told me to get out of the area... these two friends were in the middle of a game. a man who was also playing bowling run across our lane shouting, get out, get out. he had a gun over his head like, he's shouting, game over, get out! everyone was panicking, screaming, you heard crying from kids. everyone was running trying to get out of the doors. pretty hectic, really. just horrible to be part of. most made it out but the gunman held two men hostage for more than four hours. friends waited as they remained trapped inside. apparently he was taken to the door by the gunman and taken back inside. it is sickening to be honest with you — nobody should be put in that situation. in places like america, but in a little place in warwickshire, it is not right, it is quite worrying. just after half past six,

police stormed the bowling alley. 45 minutes later they confirmed the incident was over. relief for families who had had to barricade themselves inside the soft play area next door. it was really scary and when we saw the police, i thought the man was in here. and then when we went outside i felt a little bit more safe. it was just so scary seeing other people's familiesjust fleeing from the danger. it'sjust upsetting. warwickshire police say one man has been arrested. two others were led to safety unharmed. lewis hamilton wins the united states grand prix

in texas but the world championship will have to wait after title rival sebastian vettel finished second. harry kane scores twice as tottenham beat liverpool 4—1 in the premier league at wembley stadium and john john florence closes in on consecutive world titles with a surfing masterclass in portugal. hello and welcome to the programme, where we start with the formula one news that lewis hamilton has won the united states grand prix in texas — but hasn't clinched the world championship just yet. the british driver, who claimed his 62nd career victory gentleman starjudd engines and

let's get ready to rumble!